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New1 hour ago

339 - 250 Wellington Street W

Waterfront Communities C1, Toronto

$750,000

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Experience the best of Downtown Living in this mid-rise, iconic The Icon 2! Built by the highly coveted Tridel Condo Developments, this 18-storey luxury tower is located in one of the most convenient, yet quiet buildings in the city! Nearby Financial, Entertainment and Harbourfront Districts, where you can walk or bike to work, enjoy your Blue Jays games, concerts, gourmet lifestyle at The Well nearby. Then relax in the comfort of your 2 bedroom plus den with a functional Split Bedroom layout without the foot traffic. This unit has been renovated with a pride of ownership. Full size appliances including Samsung Washer and Dryer. Walk-In closet in Primary Bedroom, Murphy Bed in 2nd Bedroom and Ample amount of Storage! The building boasts a new chic lobby design, a full-size gym, workout pool jacuzzi, rooftop deck BBQ enjoying the CN Tower view! This listing also includes parking AND locker! Now is your best opportunity to live or invest downtown Toronto!!!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size800-899 sq. ft.
Maintenance Fees$1,037
LockerOwned
BalconyJuliette
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,714
mls© NumberC13702382
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,839
Property tax
$309
Heat allowance
$150
Condo fees, half counted
$519
Housing costs
$4,817 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $150,000
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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